333 5Th St West Des Moines, IA 50265
Property profile & analytics
333 5Th St West Des Moines, IA 50265
- Turn key restaurants
- 7,200 SF
- 0.17 lot acres
Property ID
US25-0103972
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- St. Kilda Collective / Restaurant
Property Details for 333 5Th St
- Year built
- 2020
- Construction
- FRAME
- Lot size
- 0.17 lot acres
- Property size
- 7,200 SF
- Zone code
- VJHB
- Property type
- Turn key restaurants
- APN
- 320/04589-000-000
- APU
- 32004589000000
Description
This exceptional 7,000 square foot freestanding building, located at 333 5th Street in West Des Moines, Iowa's historic Valley Junction, presents a unique investment opportunity. Recently renovated, this single-tenant property is ideally suited for a restaurant or retail operation. The space boasts a fully equipped, state-of-the-art kitchen featuring a wood-fired grill and Hestan custom appliances, along with a functional bakery. High-end finishes include custom white oak built-in furniture, banquettes, and designer seating. A significant revenue stream is generated by a private event space, complete with a built-in bar, AV equipment, and ample storage, already heavily booked into 2024. This turnkey operation eliminates the need for extensive and costly construction, offering immediate operational capability. Situated in a highly desirable Des Moines location, this property represents a rare chance to acquire an established, profitable business. The building is located in Polk County, Iowa, zip code 50265. The entire 7,000 square feet is currently vacant.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $906,000
Market price range: $374k - $907k -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,240,000 Current use
- AUTO REPAIR, GARAGE
- $1,120,000 Change: -10% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,090,000 Change: -12% Conversion: Difficult
- MEDICAL BUILDING
- $1,085,000 Change: -12% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- West Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.7085
- Latitude
- 41.5738
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$6,962
$264,000
$1,736,000
$2,000,000
-
$264,000
$1,736,000
$2,000,000
